LBRDK Options History — February 2017

In February 2017, LBRDK traded between $84.90 and $86.38. ATM implied volatility averaged 30.4%, placing in the 11.9% IV rank vs the trailing year. The 30-day expected move averaged 7.6%. IV traded above realized volatility by 1.9% (HV 20d: 28.6%). Max pain ranged from $65.00 to $80.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.18.

Notable Days

2017-02-15: Highest Volume — 124 contracts
2017-02-08: Largest IV drop — 53.1% change
2017-02-06: Highest IV Rank — 27.7%
2017-02-01: Largest Expected Move — 10.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$85.92	$84.90	$86.38	$85.35	$85.64
Max Pain	$65.79	$65.00	$80.00	$80.00	$65.00
ATM IV	30.4%	19.3%	46.3%	37.0%	34.0%
Expected Move	7.6%	5.5%	10.6%	10.6%	9.7%
HV 20d	28.6%	7.6%	32.9%	32.6%	8.0%
HV 60d	24.5%	23.7%	25.4%	25.4%	23.7%
IV Rank	11.9%	0.9%	27.7%	18.4%	15.4%
IV Percentile	20.5%	1.2%	66.3%	38.1%	29.4%
Term Structure	-2.1%	-17.8%	7.1%	-17.8%	-12.0%
VWIV	32.2%	19.5%	42.7%	39.6%	32.1%
Skew 25d	17.0%	1.1%	26.3%	2.6%	25.4%
Skew 10d	27.6%	-2.2%	43.5%	7.2%	43.5%
Call IV 25d	18.4%	12.8%	48.2%	48.2%	17.1%
Put IV 25d	35.4%	22.9%	50.8%	50.8%	42.5%
Bid-Ask Spread %	114.40	105.53	121.11	121.11	120.09
Gamma HHI	0.43	0.32	0.46	0.44	0.44
Net GEX	19.9K	16.8K	31.9K	17.9K	21.6K
Net DEX	-644.9K	-843.5K	-556.6K	-637.5K	-579.6K
Net VEX	-967	-1.1K	-762	-1.1K	-882
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.18	0.15	0.19	0.18	0.19
Total Volume	104.526	99	124	104	99
Total OI	114.053	108	138	113	108

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2017-02-01	$85.35	$80.00	37.0%	10.6%	32.6%	18.4%	39.6%	2.6%	-17.8%	17.9K	-637.5K	-1.1K	0.18	121.11	88	16	96	17
2017-02-02	$85.46	$65.00	36.5%	7.0%	32.1%	18.0%	42.7%	1.1%	0.2%	18.7K	-642.7K	-1.1K	0.18	108.17	88	16	96	17
2017-02-03	$86.00	$65.00	37.3%	6.7%	32.1%	18.7%	30.9%	15.0%	1.2%	20.3K	-660.9K	-966	0.18	107.99	88	16	96	17
2017-02-06	$84.90	$65.00	46.3%	5.5%	32.9%	27.7%	30.4%	10.3%	4.7%	17.7K	-613.5K	-1.0K	0.18	112.00	88	16	96	17
2017-02-07	$85.58	$65.00	45.1%	6.5%	32.5%	26.4%	34.3%	18.6%	2.8%	18.5K	-637.6K	-1.0K	0.18	110.28	88	16	96	17
2017-02-08	$85.99	$65.00	21.1%	6.1%	32.5%	2.7%	33.5%	18.6%	7.1%	20.4K	-667.5K	-917	0.18	112.61	88	16	96	17
2017-02-09	$86.26	$65.00	25.6%	7.3%	32.5%	7.1%	0.0%	12.9%	0.2%	16.8K	-649.2K	-985	0.19	105.53	83	16	96	17
2017-02-10	$86.15	$65.00	23.7%	6.8%	32.3%	5.2%	36.8%	20.1%	0.5%	16.8K	-661.7K	-932	0.19	106.28	83	16	96	17
2017-02-13	$85.76	$65.00	23.1%	6.6%	32.5%	4.6%	41.5%	20.4%	0.3%	17.4K	-645.3K	-946	0.19	108.63	83	16	96	17
2017-02-14	$85.82	$65.00	23.6%	6.8%	32.0%	5.2%	40.8%	19.1%	1.0%	17.5K	-647.9K	-922	0.19	118.08	83	16	96	17
2017-02-15	$86.28	$65.00	19.3%	5.5%	31.9%	0.9%	19.5%	12.4%	5.2%	17.6K	-685.3K	-762	0.15	117.46	108	16	96	17
2017-02-16	$86.20	$65.00	21.5%	6.2%	31.9%	3.1%	22.4%	16.2%	4.5%	31.9K	-813.9K	-1.0K	0.15	115.51	108	16	121	17
2017-02-17	$86.38	$65.00	28.2%	8.1%	31.9%	9.7%	28.0%	19.3%	-3.5%	22.0K	-843.5K	-951	0.15	117.68	108	16	121	17
2017-02-21	$86.30	$65.00	30.8%	8.8%	32.0%	12.3%	29.4%	24.9%	-5.7%	21.0K	-578.4K	-959	0.19	117.98	83	16	91	17
2017-02-22	$86.35	$65.00	30.4%	8.7%	32.0%	11.9%	28.2%	26.3%	-2.7%	19.5K	-572.0K	-1.1K	0.19	118.59	83	16	91	17
2017-02-23	$85.78	$65.00	29.8%	8.5%	32.2%	11.3%	27.8%	19.9%	-7.1%	20.6K	-562.2K	-1.0K	0.19	118.09	83	16	91	17
2017-02-24	$86.15	$65.00	30.6%	8.8%	11.5%	12.1%	30.2%	15.8%	-9.4%	21.8K	-556.6K	-1.0K	0.19	118.90	83	16	91	17
2017-02-27	$86.22	$65.00	34.5%	9.9%	7.6%	15.9%	32.3%	24.4%	-8.9%	20.7K	-597.9K	-838	0.19	118.64	83	16	91	17
2017-02-28	$85.64	$65.00	34.0%	9.7%	8.0%	15.4%	32.1%	25.4%	-12.0%	21.6K	-579.6K	-882	0.19	120.09	83	16	91	17